NOT LISTED FOR SALE

12416 W Us Highway 50 Norman, IN 47264

Estimated Value: $211,000 - $246,000

3 Beds
1 Bath
1,308 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2022

Last sale price $150,000 $115 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,326 / mo

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Central Air
  • Crown Molding

About This Home

As of January 2022

ATTENTION INVESTORS AND DIY ENTHUSIASTS! Are you struggling to find a solid home with the potential for great equity in this market? If so, I've got just the home for you. This solid brick home sits over a full unfinished basement on 2.4 acres. Clean it up, paint some walls, hang some doors, lay some flooring, and boom! Instant equity. Paved circle driveway; metal carport; mature trees including pear, apple, persimmon, and walnut; unique landscaping; arched doorways; crown moldings; tiled kitchen backsplash and tub surround; new roof in 2020; newer appliances; front porch; back deck with a view; FIBER INTERNET AVAILABILITY and so much more! If this sounds good to you, do not wait! A home like this will not last long. More photos coming soon. Disclaimer: This home cannot be purchased with USDA, FHA, or VA financing. Cash or construction loan is preferred. Conventional financing may be an option.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1982

Lot Details

  • 2.4 Acre Lot
  • Rural Setting

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Crown Molding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Schools

  • Brownstown Elementary School
  • Brownstown Central Middle School
  • Brownstown Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 36-52-11-100-013.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1982

Lot Details

2.4 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1982
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: W 1/2 E 11-5-2 2.4 Ac.
  • Parcel Number ID: 36-52-11-100-013.000-010
  • Platted: Yes
  • Amenities: Crown Molding, Deck Open, Porch Covered
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2616
  • Total Finished Sq Ft: 1308
  • Above Grade Finished Sq Ft: 1308
  • Below Grade Sq Ft: 1308
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 34x11, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1308

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 21x18, 378

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Jackson Co REMC
  • Water Company: E Lawrence Water

Schools

  • Elementary School: Brownstown

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 2.4 acres
  • Estimated Lot Sq Ft: 104544
  • Estimated Lot Size Acres: 2.4

Tax Info

  • Annual Taxes: 518.24

MLS Schools

  • High School: Brownstown Central
  • Middle School: Brownstown Central
  • School District: Brownstown County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Aevans Properties Llc
Bought by
Cain Ethaney and Fisher Kylar J
Current Estimated Value
$231,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,855
Outstanding Balance
$211,002
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$20,233

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jan 18, 2022
Sold by
Kell Anna
Bought by
Aevans Properties Llc
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Sep 27, 2016
Sold by
Wallace Nicholas S
Bought by
Kell Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,666
Interest Rate
3.46%
Mortgage Type
VA

Purchase Details

Closed on
Feb 10, 2011
Sold by
Fisher Karen K
Bought by
Wallace Nicholas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,191
Interest Rate
4.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cain Ethaney -- Classic Title
Aevans Properties Llc -- Classic Title
Kell Anna -- --
Wallace Nicholas S $88,000 D & E Abstract And Title Co
Wallace Nicholas S -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Cain Ethaney $214,855
Previous Owner Kell Anna $126,666
Previous Owner Wallace Nicholas S $91,191
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $150,000 -3.2% $115 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $155,000 -- $119 / Sq Ft
Source: Indiana Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,103 $187,900 $12,800 $175,100
2024 $777 $136,900 $12,800 $124,100
2023 $2,205 $129,900 $12,800 $117,100
2022 $683 $124,400 $12,800 $111,600
2021 $551 $107,800 $12,800 $95,000
2020 $518 $105,200 $12,800 $92,400
2019 $497 $105,200 $12,800 $92,400
2018 $498 $105,700 $12,800 $92,900
2017 $470 $96,400 $12,800 $83,600
2016 $379 $96,600 $12,800 $83,800
2014 $484 $95,400 $12,800 $82,600
2013 $484 $88,200 $12,800 $75,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202144561

Indiana Regional MLS

APN: 36-52-11-100-013.002-010

Indiana Jackson County Norman 47264

12416 W Us Highway 50, Norman, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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